
MongoDB, Inc. Class A (MDB)
MongoDB, Inc. Class A (MDB) is a software company specializing in database solutions. It is best known for its MongoDB database, a popular NoSQL, document-oriented database designed for scalability, flexibility, and ease of development. The company provides a cloud-based database platform, offering developers and enterprises tools for modern application development, data management, and analytics.
Company News
Three tech stocks - Shopify, MongoDB, and Snowflake - received significant analyst price target upgrades in August, driven by strong Q2 earnings performance and robust revenue growth.
Several tech and service companies saw significant stock gains last week, driven by strong quarterly earnings, strategic deals, and analyst upgrades.
Datadog's stock rose 7% following strong earnings reports from Snowflake and MongoDB, which signaled robust momentum in data management and AI-related technologies.
Law firm investigating potential claims against MongoDB following stock price drops after lowered financial guidance in 2024, with concerns about breached fiduciary duties and changes in sales strategy.